HAPPY NEW YEAR...THANKSGIVING....NOV 18TH 1975

Happy New Year! It's January 1976 (see top=1st MONTHLY chart: solid pink line). The S&P dropped in 1973 (orange line) in conjunction with a negative CCI, dropping red AO, falling TSI and rising (trending) RSQR. This was followed by a rise in the S&P followed by consolidation (low absolute CCI values, small green AO teeth, a flattening of the TSI line near zero and a falling RSQR. We are now at the pink line. The current MONTHLY S&P chart looks VERY similar (2nd chart). What happened next? The market rose to the blue line over the next 12 months by 5.94% (that would put the S&P at 1253). It then fell by 18% to the dotted pink line. Typical Bear Market.
Next...honed in on the WEEKLY charts...the S&P is really at November 24, 1975 (thinner pink line on 3rd chart). The Moving average lines are tangled in consolidation, the CCI is at 145, its the last small toothed green AO, the RSQR is at 0.76...HAPPY THANKSGIVING. The current WEEKLY S&P chart (4th chart) looks very similar. Price extrapolation suggests that the S&P dropped by 4.84% to the equivalent of 1126 before its rise to 1253.
Next...honed in on the DAILY charts...the S&P is really at November 18, 1975 (thick dashed pink line on 5th chart). The TSI & AO crossed up through zero about 6 weeks earlier (thick olive line) and then the S&P ran up. The CCI landed up around 95 associated with a blue DEMA line above the other two MA lines, the daily AO turned red and the overall TSI was dropping . The market went sideways before the small drop and bigger rise...